Tax Credits for Home Improvements 2009
By Cindy Marchant, "Cindy in Indy" , Realtor, Fishers Real Estate
(Keller Williams Indy NE 317-290-7775 www.marchantteam.com)
There has been a lot of chatter about the Economic Stimulus Plan. It is packed with lots of incentives for various populations; of course there is the first time buyers $8,000 credit. But, today I want to mention the changes in tax credit available for energy efficient home improvements. As Spring approaches, there are many Carmel Real Estate residents that might be thinking about renvoations. First of all the credit applies to any improvement that are done between December 31, 2008 through January 1, 2011 and only to your principle residence. There are very few credits available for 2008 tax filings. It is available for things like windows, doors and skylights as long as they have the correct U-Factor (efficiency in preventing heart from escaping) and the SHGC measure (how efficien...
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